More Oil & Gas Transportation News

Noble, Consol to launch Marcellus midstream MLP

Jun 12, 2014

Noble Energy Inc., Houston, and Consol Energy Inc., Pittsburgh, have submitted a confidential draft registration statement on Form S-1 to the US Securities and Exchange Commission relating to a proposed initial public offering of common units of a master limited partnership (MLP).

IEA outlook: ‘Golden Age’ of gas to extend to China

Jun 10, 2014

The “Golden Age” of natural gas that has taken such a strong foothold in North America will extend to China over the next 5 years, driven by booming demand, according to the latest 5-year gas market outlook from the Paris-based International Energy Agency.

Washington refinery finds new owner

Jun 9, 2014

Global commodities logistics and trading firm TrailStone Group has acquired US Oil & Refining Co. (USOR), including the 42,000-b/d Tacoma, Wash., refinery, from Astra Transcor Energy NV, a subsidiary of Compagnie Nationale a Portefeuille SA, Belgium.

IHS: US crude oil exports would help lower US gasoline prices

Jun 9, 2014

A decision to lift restrictions on US crude oil exports would boost US production, lower gasoline prices, and support as many as 1 million additional jobs, IHS said, adding that the elimination of crude export restrictions would benefit gross domestic product and government revenues.

Market dynamics key to US LNG exports to Asia, witnesses say

Jun 9, 2014

US exports of LNG to Asia are more likely to be determined by overseas market dynamics than by US government policies, witnesses told a US House Foreign Affairs Committee subcommittee on May 29.

DOE proposes changes in its LNG export application review process

Jun 9, 2014

The US Department of Energy is considering changes in its review process for LNG export applications by limiting final national interest determinations to projects that have completed their National Environmental Policy Act compliance reviews.

Russia to remain Europe's primary gas supplier, UK research fellows say

Jun 9, 2014

Russia is likely to remain Europe's primary natural gas supplier because Gazprom, that country's state-owned integrated gas company, has already begun to adjust operations and strategies in response to changing markets, two Oxford University Institute for Energy Studies research fellows said.

Phillips 66 to buy Unocal’s Beaumont marine terminal

Jun 6, 2014

Phillips 66 agreed to purchase Unocal’s 7.1-million bbl storage capacity terminal near Beaumont, Tex. The Beaumont terminal will be the largest terminal in Phillips 66’s portfolio.

Permian basin processing pushed by agreements, plant expansion

Jun 5, 2014

Canyon Midstream Partners LLC, Houston, has signed gathering and processing agreements with ExxonMobil Corp. subsidiary XTO Energy Inc. and Apache Corp. for midstream services on Canyon’s James Lake system in the Permian basin.

ADB: TAPI gas pipeline making steady progress

Jun 5, 2014

A proposed 1,800-km pipeline that would transport as much as 33 billion cu m/year of natural gas from Turkmenistan across Afghanistan to Pakistan and India is making steady progress, an Asian Development Bank official said.

New midstream firm gets $500 million investment

Jun 5, 2014

Privately held Navitas Midstream Partners, recently formed in The Woodlands, Tex., “to develop, acquire, and operate midstream assets across multiple basins in North America,” has received a line-of-equity investment of as much as $500 million from an affiliate of Warburg Pincus, New York.

Pieridae lets FEED contract for Goldboro LNG development

Jun 4, 2014

Pieridae Energy (Canada) Ltd. has let a front-end engineering and design (FEED) contract to CB&I for the Goldboro LNG project in Guysborough County, NS.

NGTL to build Merrick pipeline supplying Kitimat LNG

Jun 4, 2014

Nova Gas Transmission Ltd. (NGTL), a TransCanada Corp. wholly owned subsidiary, will build the Merrick Mainline pipeline to supply natural gas to future liquefaction plants on the British Columbia coast.

Dominion seeks FERC approval for New York, W.Va. gas projects

Jun 4, 2014

Dominion, Richmond, Va., reported that it’s seeking approval from the US Federal Energy Regulatory Commission for its New Market project in upstate New York and Clarington project in West Virginia. The projects’ combined cost is $235 million.

Line C of Central Asia-China Gas Pipeline operational

Jun 3, 2014

China National Petroleum Corp. says Line C of the Central Asia-China Gas Pipeline became operational May 31 with the turn of a valve in Uzbekistan to receive gas from Turkmenistan.

Stay Connected